Forsys Metals (TSE:FSY) Hits New 1-Year Low – What’s Next?

Shares of Forsys Metals Corp. (TSE:FSYGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.27 and last traded at C$0.27, with a volume of 589246 shares changing hands. The stock had previously closed at C$0.28.

Forsys Metals Stock Performance

The business’s 50-day moving average is C$0.44 and its 200 day moving average is C$0.52. The company has a market cap of C$67.30 million, a PE ratio of -27.50 and a beta of -0.85.

Forsys Metals (TSE:FSYGet Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.00 EPS for the quarter.

About Forsys Metals

(Get Free Report)

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

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